$$BTC A violent collapse hits the price of Notcoin...a loss of 85%

Notcoin (NOT), a cryptocurrency heavily endorsed by social media giant Telegram, has seen a significant drop in its value. This happened during the first week of its listing.#MemeWatch2024

Crypto is part of a game based on Telegram with a user base of 35 million. Investors who bought into the hype are now facing huge losses.

The sharp decline can be attributed to investors quickly selling airdropped tokens to secure profits rather than holding them for potential future gains. These massive sell-offs greatly increased supply in the market. Which led to the price falling further$NOT